Every 10-Q that GOUVERNEUR BANCORP INC MD (GOVB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GOVB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GOVB filings page.
Gouverneur Bancorp, Inc. reported steady performance for the nine months ended June 30, 2026. Total assets were $198.7 million, essentially flat from September 30, 2025, while net loans rose to $135.3 million and deposits to $155.7 million. The securities available‑for‑sale portfolio declined to $35.2 million.
Net interest income for the nine months was $5.5 million, and net income increased to $743,000, with diluted earnings per share of $0.72. Non‑interest income was $826,000, helped by life‑insurance related income and service charges, against non‑interest expenses of $5.6 million. Accumulated other comprehensive loss improved to $(1.98) million, reflecting smaller unrealized losses on securities and post‑retirement obligations.
Credit quality remained generally stable: the allowance for credit losses on loans was $1.13 million, and real estate loans on nonaccrual totaled $1.35 million. The company continues to amortize core deposit intangibles from its prior acquisition and reported goodwill of $4.24 million. In July 2026, the bank withdrew applications to convert to a national bank charter and merge its municipal bank subsidiary, which both continue in their current forms.
Gouverneur Bancorp, Inc. reported net income of $217 thousand, or $0.21 per basic share, for the quarter ended March 31, 2026, up from $118 thousand, or $0.11, a year earlier. Six‑month net income rose to $504 thousand ($0.49 per share) from $278 thousand ($0.27).
Total assets were $198,325 thousand and deposits were $159,987 thousand, with loans receivable, net, of $132,205 thousand. Net interest income increased to $1,848 thousand for the quarter, while non‑interest expenses were essentially flat at $1,848 thousand.
Credit quality remained manageable, with real estate nonperforming loans of $943 thousand and an allowance for credit losses on loans of $1,117 thousand. Regulatory capital was strong: the Bank’s common equity Tier 1 ratio was 25.0% and its Tier 1 leverage ratio was 14.3%, well above well‑capitalized thresholds.
On March 27, 2026, the Bank filed applications to convert to a national banking association and merge GS&L Municipal Bank into the Bank, and the Company plans a related conversion to a bank holding company. These actions are subject to required regulatory approvals, have no established completion timeline, and may not be consummated.
Gouverneur Bancorp, Inc. reported stronger results for the quarter ended December 31, 2025. Net income rose to $287,000 from $160,000 a year earlier, with basic and diluted earnings per share increasing to $0.28 from $0.15.
Net interest income improved to $1.83 million from $1.77 million, while total non-interest income increased to $345,000 from $244,000, helped by a $103,000 gain on a life insurance death benefit. Non-interest expenses were relatively stable at $1.85 million.
Total assets grew to $201.9 million from $198.5 million at September 30, 2025, driven by loans receivable of $134.4 million and securities available-for-sale of $42.8 million. Total deposits increased to $158.5 million. Comprehensive income reached $599,000, reflecting improved unrealized gains on securities and post-retirement items.
Capital ratios remained very strong, with the Bank’s total capital ratio at 25.5% and Tier 1 leverage ratio at 13.9%, well above “well-capitalized” thresholds. The company paid a semi-annual cash dividend of $0.09 per share, totaling $94,000.